Investment

UK - Final salary public sector pensions should be phased out in favour of cheaper career average schemes by 2015, Lord Hutton said.

Final salary public sector pensions should be phased out in favour of cheaper career average schemes by 2015, Lord Hutton says.

Following the global crash's punishing exposure of over-correlated investments, Emma Cusworth looks at how UK schemes have diversified to de-risk their portfolios

Japanese equities are poised for a valuation increase due to improving global economic conditions and strong corporate fundamentals, Tokio Marine Asset Management predicts.

Further monetary policy tightening in China will send a strong cautionary signal to investors invested in both Chinese and emerging market equities, Standard Life Investments says.

EUROPE - European schemes have started to put strategies in action that deal with volatility by either bringing in returns or mitigating risks, but find there's still a way to go in educating board members about these strategies.

Secretary of state for work and pensions Iain Duncan Smith set out the coalition's plans for radical state pension reform yesterday.

Professional Pensions asked three industry experts how we can help people make better at retirement choices.

A warning late yesterday from France's Edhec Risk Institute about the dangers of banning naked short selling of sovereign debt using credit default swaps was in vain, as the European Parliament voted to push through such a veto.

POLAND - Poland's government approved its plan to reduce transfers to private pension funds, a move that will trim the country's borrowing needs by about 190 billion zloty ($67bn) through 2020.